H&J Smith shuts up shop, focuses on going mega

H&J Smith shuts up shop, focuses on going mega
Mitre 10 Wanaka: part of a growth surge of large-format retail outlets. (Image: BusinessDesk)
Brent Melville
The demise of H&J Smith department stores is both a hangover of pandemic impacts on the retail sector and a symptom of the physical shift to ‘big box’ shopping.The closure of the 123-year-old retailer’s three stores in Invercargill, Gore and Queenstown, with the loss of 220 jobs, was signalled last month and is likely to be completed by Nov 18. The family-owned group locked the doors on its Dunedin, Mosgiel, Balclutha and Te Anau shops in 2020.That effectively leaves two independent players in the traditional departme...

More Property

Property, rentals and hiring attract greatest IRD scrutiny
Economy

Property, rentals and hiring attract greatest IRD scrutiny

Blitz has reaped more than $600m in undeclared tax from taxpayers.

Denise McNabb 15 Apr 2025
Vital Healthcare selling $50m worth of Melbourne property
Property

Vital Healthcare selling $50m worth of Melbourne property

The properties are in Box Hill, a highly regarded Australian healthcare precinct.

John Anthony 11 Apr 2025
Seascape developer yet to cough up $36m
Property

Seascape developer yet to cough up $36m

Builder China Construction’s just-filed statements indicate the row isn’t over.

Maria Slade 11 Apr 2025
Fast-track panels not out of blocks yet
Policy

Fast-track panels not out of blocks yet

The first three projects to go through the process are still waiting on panels.

Oliver Lewis 10 Apr 2025